Financial innovation | <– Date –> <– Thread –> |
From: Brian Bartholomew (bbstat.ufl.edu) | |
Date: Fri, 16 May 2008 10:04:27 -0700 (PDT) |
> the same call for financial innovation was made in the 19th century, > in the hay-day of the Associationist movement. People like Albert > Brisbane and Horace Greeley tried to set up lending programs that > would operate within the "phalanxes" (what we call "cohousing") and > thus avoid the perils of conventional banking. The Mormons tried > something similar in the 1830's in Ohio with the "Kirtland Savings > Association." Unfortunately, their efforts did not bear fruit -- > the Kirtland Bank exploded quite spectacularly -- and the > cohousing-like phalanxes all collapsed, one by one, leaving > mountains of debt in their wake. Were the bank failures different, or did they fail for similar reasons? Brian
- Sympathetic lenders, (continued)
- Sympathetic lenders dahako, May 16 2008
- Re: Sympathetic lenders John Faust, May 16 2008
- Re: Sympathetic lenders Brian Bartholomew, May 16 2008
- Re: Sympathetic lenders Greg Hope, May 17 2008
- Financial innovation Brian Bartholomew, May 16 2008
- Re: Financial innovation John Faust, May 16 2008
- Re: Financial innovation Matthew Whiting, May 16 2008
- Re: Financial innovation Brian Bartholomew, May 16 2008
- Re: Financial innovation balaji, May 16 2008
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